Westminster University

Salt Lake City, UT · Higher education institution · Since 1875 · Colleges & Universities

✓ Tax-deductible
Revenue
$64.8M
-6% vs prior year
Spent
$85.1M
To programs
83%
Net assets
$125.6M
By yearFY2020–FY2024
Revenue
$64.8M
FY2024▼ -6%
Revenue by fiscal year
FY2020$87.9M
FY2021$82.9M
FY2022$78.7M
FY2023$75.3M
FY2024$69.2M
FY2024$64.8M
Expenses
$85.1M
FY2024▲ +4%
Expenses by fiscal year
FY2020$93.5M
FY2021$86.0M
FY2022$84.4M
FY2023$80.0M
FY2024$81.7M
FY2024$85.1M
Net assets
$125.6M
FY2024▼ -13%
Net assets by fiscal year
FY2020$159.3M
FY2021$180.4M
FY2022$165.2M
FY2023$151.4M
FY2024$144.1M
FY2024$125.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CWestminster University
EINHdr · item D87-0212470
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 1941
Year of formationHdr · item L1875
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSalt Lake City, UT
NTEE classificationIRS BMFColleges & Universities (B430)
WebsiteHdr · item Jwestminsteru.edu

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.14 Fundraising $0.02
Program services83%$70.9M
Management & general14%$12.2M
Fundraising2%$2.0M
Total functional expensesLn 25$85.1M

Financial health

Is it on solid ground?

Operating surplus
-31%
revenue over expenses, this legal entity▼ -74% vs prior filing year
Payroll share
41%
of this entity's spending is salaries & benefits▼ -0.8% vs prior filing year
Program spending
83%
of expenses reach program services▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$173.5M
FY2024▼ -7%
Total assets by fiscal year
FY2020$209.7M
FY2021$228.1M
FY2022$204.6M
FY2023$185.3M
FY2024$185.9M
FY2024$173.5M
Total liabilities
$47.9M
FY2024▲ +15%
Total liabilities by fiscal year
FY2020$50.4M
FY2021$47.8M
FY2022$39.4M
FY2023$33.9M
FY2024$41.8M
FY2024$47.9M
Revenue less expensesPt I · Ln 19−$20.3M
Total assetsPt X · Ln 16$173.5M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 419

Balance Sheet

Part X · end of year
CashLn 1$8.5M
Total assetsLn 16$173.5M
Total liabilitiesLn 26$47.9M
Total net assetsLn 32$125.6M
Months of cash on handcomputed1.2

Statement of Revenue

Part VIII
Program service revenue$48.7M · 75%
Contributions & grants$10.9M · 17%
Other revenue$2.9M · 5%
Investment income$2.2M · 3%
Program service revenue75%$48.7M
Contributions & grants17%$10.9M
Other revenue5%$2.9M
Investment income3%$2.2M
— government grantsLn 1e$1.7M
Total revenueLn 12$64.8M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $78.7M · Operating expenses (Pt IX) $85.1M · Less non-cash grants $200K · Cash operating expenses/yr $84.9M
11.1 months
Where the money goes
Program services
Program services $70.9M · Total expenses $85.1M
83%
Management & General
Management & general $12.2M · Total expenses $85.1M
14%
Fundraising
Fundraising $2.0M · Total expenses $85.1M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $1.7M · Solicited contributions (3-yr avg) $14.4M
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $10.9M · Total revenue $64.8M
17%
Government reliance
Government grants $1.7M · Total revenue $64.8M
3%
Earned-income share
Program service revenue $48.7M · Total revenue $64.8M
75%
Investment reliance
Investment income $2.2M · Total revenue $64.8M
+3%
Program self-sufficiency
Program service revenue $48.7M · Total expenses $85.1M
57%
Growth & trend
Revenue growth (YoY)
This year $64.8M · Prior year $69.2M
-6%
Revenue CAGR
FY2019 $87.9M · FY2024 $64.8M
-6%
Net-asset trend (YoY)
End of year $125.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $64.8M · Expenses $85.1M
-31%
Liabilities-to-Assets
Total liabilities — · Total assets $173.5M
—
Net-asset ratio
Net assets $125.6M · Total assets $173.5M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $70.3M · Total assets (Pt X, ln 16) $173.5M
40%
People & payroll
Highest Reported Total Compensation
Individual Bethami Dobkin PHD · Reported title PRESIDENT · Highest reported compensation $588K · Total expenses $85.1M
0.7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34.6M · Total expenses $85.1M
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 14%——
Fundraising cost ratio 18%——
Revenue growth -6%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$587,823Pt VII · Sec A
$255,783Pt VII · Sec A
VP Enrollment
$212,358Pt VII · Sec A
VP Inst. Advancement
$205,168Pt VII · Sec A
CFO/ VP Finance
$200,287Pt VII · Sec A
Dean, Gore School of Business
$148,997Pt VII · Sec A
Dean, Honors College
$148,327Pt VII · Sec A
Associate Professor
$147,079Pt VII · Sec A

Bethami Dobkin PHD’s $588K as President is at the 93rd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Bethami Dobkin PHD$587,823—————
Bethami Dobkin—$371,600$398,967$553,022$386,350—
Bethami a Dobkin PHD—————$378,994
Deborah Tahmassebi$255,783$272,111$270,604$267,707$267,739—
Michael Pacanowsky—————$246,320
Erica Johnson$212,358$197,873$197,105$195,356$209,004—
James Stimpson——$209,318$189,099$174,598—
Daniel Lewis$205,168$200,924$199,436$196,998$200,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Westminster University executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 20Voting board membersPt VI · Ln 1a
  • 19Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers undergraduate and graduate degrees in liberal arts and professional programs while providing integrated wellness services and promoting economic mobility for its students.

Provided by the organization

This section is blank until Westminster University claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $70.9M of program spending, described in the organization's own filed words · FY2024.
01

Instruction

842 students in undergraduate programs and 313 students in graduate programs 320 students graduated (198 undergraduate, 122 graduate) in the 2024-2025 academic year.

$70.9Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$33K
Grants paid · 29 grants · $157.7M · 2019–2024
Unitemized GrantFY2024$23,099,830
Unitemized GrantFY2023$22,124,087
Unitemized GrantFY2022$21,719,363
Unitemized GrantFY2021$22,315,952
Unitemized GrantFY2021$2,493,454
Unitemized GrantFY2021$1,463,647
Unitemized GrantFY2021$982,091
Unitemized GrantFY2021$45,526
Unitemized GrantFY2021$35,615
Unitemized GrantFY2021$5,000
Unitemized GrantFY2020$26,270,175
Unitemized GrantFY2020$1,374,122
Unitemized GrantFY2020$1,373,493
Unitemized GrantFY2020$837,241
Unitemized GrantFY2020$261,587
Unitemized GrantFY2020$138,018
Unitemized GrantFY2020$52,168
Unitemized GrantFY2020$16,100
See all 29 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $69.2M$81.7M-8% 990 PDF
FY2023 $75.3M$80.0M-4% 990 PDF
FY2022 $78.7M$84.4M-5% 990 PDF
FY2021 $82.9M$86.0M-6% 990 PDF
FY2020 $87.9M$93.5M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Westminster University →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.